Kensington Asset Management LLC Decreases Stake in SPDR Portfolio S&P 500 Value ETF $SPYV

Kensington Asset Management LLC decreased its holdings in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 19.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 41,880 shares of the company’s stock after selling 9,995 shares during the quarter. Kensington Asset Management LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $2,396,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Arax Advisory Partners purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth approximately $477,000. Brown Advisory Inc. lifted its stake in SPDR Portfolio S&P 500 Value ETF by 38.5% during the fourth quarter. Brown Advisory Inc. now owns 15,495 shares of the company’s stock worth $880,000 after purchasing an additional 4,307 shares during the last quarter. Atlas Capital Advisors Inc. purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the fourth quarter worth approximately $35,000. Aptus Capital Advisors LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 18.9% during the fourth quarter. Aptus Capital Advisors LLC now owns 8,562 shares of the company’s stock worth $486,000 after purchasing an additional 1,358 shares during the last quarter. Finally, Arete Wealth Advisors LLC lifted its stake in SPDR Portfolio S&P 500 Value ETF by 2.5% during the fourth quarter. Arete Wealth Advisors LLC now owns 134,316 shares of the company’s stock worth $7,630,000 after purchasing an additional 3,246 shares during the last quarter.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.7%

SPYV stock opened at $61.27 on Friday. The business has a 50 day moving average price of $59.66 and a 200 day moving average price of $58.36. The stock has a market cap of $34.43 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a fifty-two week low of $50.82 and a fifty-two week high of $61.49.

SPDR Portfolio S&P 500 Value ETF Company Profile

SPDR S&P 500 Value ETF (the Fund), formerly SPDR Dow Jones Large Cap Value ETF, seeks to closely match the returns and characteristics of the S&P 500 Value Index. The S&P 500 Value Index measures the performance of the large-capitalization value sector in the United States equity market. The Index consists of those stocks in the S&P 500 Index exhibiting the strongest value characteristics based on book value to price ratio; earnings to price ratio, and sales to price ratio. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.